SMSFs – property development & limited recourse borrowing

Whilst there will always be scope for good advice to take advantage of the benefits of an SMSF as an investment vehicle, their use as a trading entity should be approached with a great degree of care.

There should be careful consideration of what the fall-back strategy will be (in particular, the funding of the review and appeal process) if the ATO takes a different view from the adviser on whose recommendation the project was undertaken.

Our services

Tony Riordan heads our taxation and superannuation groups and Craig Healy is a Senior Associate who deals with superannuation dispute resolution. They are both available to provide advice to trustees of super funds and to their advisors in relation to challenges to ATO decisions.